Posted On: 07/27/2014 12:51:45 PM
Post# of 5282
People do not buy shorted shares.
People do not own shorted shares.
The shares of any company that are in your account are shares you bought and earn.
A shorter opens a short account with a broker and shorts as many as he wishes up to the float at the price that they agree on.
There are 55,000 shares of TelVue in the float. That means that there can be 55,000 shorted legally.
If the share rice goes down the shorter buys at market and pays back the shares.
Not this time.
Shorty loses . People don't sell their long shares.
Please tell me you understand.
People do not own shorted shares.
The shares of any company that are in your account are shares you bought and earn.
A shorter opens a short account with a broker and shorts as many as he wishes up to the float at the price that they agree on.
There are 55,000 shares of TelVue in the float. That means that there can be 55,000 shorted legally.
If the share rice goes down the shorter buys at market and pays back the shares.
Not this time.
Shorty loses . People don't sell their long shares.
Please tell me you understand.
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Holding TelVue shares has made it the billion dollar bomb shell it is.
There is no limit to the loss of someone has been caught in a short squeeze.
There is no limit to the loss of someone has been caught in a short squeeze.
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